Singapore PM Signs Investment Pact
S ingapore Prime Minister Goh Chok Tong (pictured above, with (right) Cambodian
Foreign Minister Ung Huot) and Cambodia’s co-Prime Ministers signed a bilateral investment
pact and air link agreement Nov 4 guaranteeing free transfer of profits and protecting
Singapore businesses from possible future nationalization.
The air link agreement would likely result in more flights between the two countries,
subject to an assessment of profitability, according to a Cambodian official.